Kosciusko County, Indiana · 2025

Mortgage lenders in Kosciusko County, IN: denial rates and top lenders (2025)

212 lenders acted on 3,509 mortgage applications for properties in Kosciusko County in 2025. 14.9% were denied (Indiana: 16.6%). Median rate on closed loans 7.00%; median loan $145,000; median property value $285,000.

3.5kApplications
14.9%Denial ratestate 16.6%
7.00%Median ratestate 6.75%
$145,000Median loan
$285,000Median property value

Largest lenders in Kosciusko County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Lake City Bank B 544434 10.1%7.75%
2 Ruoff Mortgage Company A 277213 1.1%6.88%
3 First Federal Savings Bank A 181168 1.1%7.00%
4 Everwise Credit Union C 165109 18.2%7.38%
5 Interra Credit Union C 13482 20.9%7.50%
6 United Shore Financial Services B 10384 7.8%6.13%
7 Rocket Mortgage C 10078 13.0%7.13%
8 Northwest Bank B 9173 9.9%6.25%
9 Zippy Loans D 9126 33.0%8.00%
10 1st Source Bank B 8359 24.1%7.50%
11 PNC Bank D 7434 33.8%7.71%
12 Horizon Bank A 7354 13.7%6.13%
13 Cardinal Financial Company, Limited Partnership B 7260 2.8%6.99%
14 American Neighborhood Mortgage Acceptance Company B 7253 2.8%6.75%
15 Geneva Financial C 5649 3.6%6.75%
16 Fifth Third Bank D 4928 28.6%7.75%
17 Beacon Credit Union C 4837 16.7%7.38%
18 Newrez D 4614 26.1%6.75%
19 Freedom Mortgage B 4420 13.6%6.25%
20 Three Rivers Federal Credit Union C 4331 18.6%6.75%
21 21st Mortgage F 4010 47.5%10.12%
22 Mortgage Research Center C 4021 10.0%6.13%
23 Crossroads Bank A 3934 2.6%
24 Carrington Mortgage Services D 389 44.7%6.50%
25 Old National Bank B 3727 16.2%6.38%

Best approval odds in Kosciusko County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

What Kosciusko County borrowers applied for

By loan purpose

Home purchase 1,404 40% · 8.6% denied
Refinance 582 17% · 11.0% denied
Cash-out refinance 619 18% · 21.8% denied
Home improvement 349 10% · 21.5% denied
Other / HELOC 555 16% · 23.2% denied

By loan type

Conventional 2,920 83% · 14.8% denied
FHA 415 12% · 18.1% denied
VA 141 4% · 9.2% denied
USDA / RHS 33 1% · 9.1% denied

Why applications were denied

Debt-to-income ratio 164 32%
Credit history 146 28%
Collateral 75 14%
Incomplete application 62 12%
Other 42 8%
Unverifiable information 13 3%
Insufficient cash 10 2%
Employment history 8 2%

Kosciusko County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20232,9441,99415.7%7.38%$125,000
20243,4342,29017.2%7.38%$135,000
20253,5092,35814.9%7.00%$145,000

Frequently asked questions

14.9% of applications in Kosciusko County were denied in 2025, against 16.6% statewide in Indiana.

Lake City Bank, with 544 applications in 2025 and a denial rate of 10.1%.

The median mortgage application in Kosciusko County in 2025 was for $145,000; the median property value on originated loans was $285,000.